5400832025-01-012025-03-315400832025-03-315400832024-03-315400832024-04-012025-03-315400832025-01-012025-03-31in-capmkt:OtherExpenses1Member5400832024-04-012025-03-31in-capmkt:OtherExpenses1Member5400832025-01-012025-03-31AuditorDomain15400832025-01-012025-03-31in-capmkt:AuditedMember5400832025-03-31in-capmkt:AuditedMember5400832025-01-012025-03-31in-capmkt:AdjustedMember5400832025-03-31in-capmkt:AdjustedMember5400832025-01-012025-03-31AuditQualification15400832025-01-012025-03-31AuditQualification25400832025-01-012025-03-31AuditQualification3iso4217:INRxbrli:pureiso4217:INRxbrli:shares540083TVVISIONNOTLISTEDINE871L01013TV Vision LimitedMain BoardEquity2024-04-012025-03-312025-05-292025-05-22INRLakhsQuarterlyFourth quarterSingle segmentBroadcasting2025-05-2912:00:002025-05-2913:20:00trueCash Flow IndirectStatement on impact of audit qualification2025-01-012025-03-31AuditedConsolidated9080300024480009325100092575000001224800013360003648600029168000171813000-785620000-78562000770000770000-786390000000-78639000-701000-79340000000038744500010-2.03-2.0300-2.03-2.030001. The above Standalone & Consolidated Audited Financial Results of the Company have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on Thursday May 29, 2025. The Statutory Auditors have carried out the audit of these Standalone & Consolidated Audited Financial Results for the quarter and year ended March 31, 2025 and the same are made available on website of the company www.tvvision.in and website of BSE Limited www.bseindia.com and National Stock Exchange of India Limited on www.nseindia.com where shares of the Company are listed. <BR> <BR> 2.The Standalone & Consolidated Audited Financial Results for the quarter and year ended March 31, 2025, have been prepared in accordance with recognition and measurement principles laid down in the Indian Accounting Standards Ind AS prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. <BR> <BR> 3. The Company is operating in a single segment viz. Broadcasting. Hence the results are reported on a single segment basis. <BR> <BR> 4. The account of the company has been classified as non-performing asset by banks in the previous financial years and the banks have not charged the interest or reversed the unpaid interest charged from the date the account has been classified as non-performing. No provision has been made in the books of accounts maintained by the Company for interest or penal interest, if any, on these term loans for the quarter and year ended March 31, 2025 and in previous financial years. Further, no provision for interest or penal interest, if any, on such term loans has been made in books of accounts, from the date the account of the Company has been classified as non-performing in the books of those banks. <BR> <BR> 5. The Other Equity balances are only given on the basis of audited year end figures of standalone and consolidated financials of the Company. <BR> <BR> 6. Previous year’s or period’s figures have been re-grouped re-arranged reclassified reworked wherever necessary to conform with the current year accounting treatment.2024-04-012025-03-31AuditedConsolidated5324010001798700055038800050601300000519270006115000148134000105543000817732000-2673440000-267344000370000370000-2673810000000-267381000-1097000-2684780000000387445000101825135000-6.9-6.900-6.9-6.9000Other Expenses29168000Other Expenses1055430006380000002719610000000029182000029182000042045000343826000009809200010863000002047200012942700008777300021720000000561026000387445000-1825135000-14376900000-14376900000000001797200000017972000722220000593956000593956000107004900017362270003846700020605000000198074400000199871600056102600061150000310020000003862600000235890000019280000148134000000000000000-109700000265649000-169500000026220000-4317000000000000131000000000000000000000000-131000000000001152200000000-611500054070009590000959000990400010863000701000109700000-701000-1097000AuditedQualified opinionM/s. P. Parikh & Associatestrue2028-02-295503870005503870008177310001228374000-267344000-677987000-6.9-17.556102600028906500019987160002137398000-1437690000-1848333000Due to defaults in repayment of loans taken from the Banks, the Account of the Company has been classified as Non-Performing Asset by the banks in the previous financial years and the banks have not charged the interest or reversed the unpaid interest charged from the date the account has been classified as Non-Performing. No provision has been made in the books of accounts maintained by the Company for interest / penal interest, if any, on these term loans amounting to about Rs. 1,386.82 Lakhs (exact amount cannot be ascertained) for the year ending March 31, 2025, hence to that extent, finance cost, total loss and current financial liabilities is estimated to be understated by about Rs. 1,386.82 Lakhs exact amount cannot be ascertained for the year ending March 31, 2025. <br></br> Further, no provision for interest or penal interest, if any, on such term loans have been made in books of accounts, from the date the account of the Company has been classified as Non-Performing in the books of those banks. Also, such loan outstanding balances as per books of accounts are subject to confirmation or reconciliation with the balances as per banks as on March 31, 2025. <br></br> Qualified opinionRepetitiveThe documents upon which the Company relies for the purpose of finalisation of accounts doesnt indicate charge of any interest or penal interest. Accordingly, no provision is made in the Profit and Loss account of the Company.Not ApplicableNot ApplicableNot ApplicableThe aggregate carrying value of Business and Commercial Rights in the books of the Company as on March 31, 2025 is Rs. 2,719.61 Lakhs. There is no revenue generation from monetization of these assets during the quarter and the year ended March 31, 2025 due to which the Company has incurred substantial losses during the quarter and year ended March 31, 2025 and previous financial years. There is a strong indication of impairment in the value of these Business and Commercial Rights and therefore we are of the opinion that the impairment loss of Rs. 2,719.61 Lakhs should be provided on all such assets in the books of accounts of the Company as on March 31, 2025. The assets of the Company are overstated and net loss for the quarter and the year ended March 31, 2025 is understated to that extent.Qualified opinionRepetitiveThe Management of the company does not anticipate any impairment in the value of Intangible Business and Commercial Rights and related media assets as management consider that Rights or assets can be commercially exploited in different ways to generate the revenue. Management is in continuous process of generating revenue from exploitation of rights in different ways. Management estimates that decline in revenue in recent past is temporary in nature which have potential to get regularized in near future. Management further estimates that the said assets, during their useful life, will be able to generate discounted cash flow at least equal to the present value of rights/assets in the books. The nature of assets is such that revenue generated from it is unevenly spread during the useful life of assets. The company is in process of forming a technical team of experienced persons to estimate the value in use. Not ApplicableNot ApplicableNot ApplicableThe Company has not provided for Interest expenses on late payment of Carriage Fees and other Operational Cost payable to various vendors whose balances are outstanding as on March 31, 2025 which needs to be accounted as per the applicable Indian Accounting Standards as the same is payable to the vendors as per the agreements entered into with them. Further, the working for such interest expenses on late payment of such expenses has not been made by the Company, due to which the exact amount of provision for interest cannot be ascertained as on March 31, 2025. The financial liabilities of the Company and net loss for the quarter and year ended March 31, 2025, due to non-accounting of provision for interest, are understated to that extent. <br></br> Further, the balances of all creditors outstanding as at March 31, 2025, are subject to confirmation / reconciliation. The impact, if any, arising from non-confirmation on the accounts of the Company is currently unascertainable.Qualified opinionRepetitiveNot ApplicableThe Company is having strong relations with its vendors since decades and thus had arrived at an amicable settlement as and when needed and hence not been charged any interest on late payment made to the vendors.Not ApplicableNot ApplicableRavi Gautam AdhikariSantosh ThotamMariappanadar SoundarapandianCA Gautam SanghviMumbai2025-05-29